I have invested in an ELSS scheme under the Dividend Reinvestment Plan. Does the reinvestment of…
Tag: deductions
New Income Tax Bill 2025: Section 80C tax-saving deductions moved to clause 123. Details here | Mint
The new income tax bill, 2025, has transferred section 80C tax saving deductions to clause 123,…
Pre-budget outlook: How to make new tax regime attractive, simplify compliance
A press release issued on 2 August 2024 showed that 72% of taxpayers who filed their…
How you can claim deductions and save on taxes from rental income
Rent can be an additional source of income for salaried individuals who have invested in property.…
Tax regime shift: Is filing ITR under old regime still valid after default new regime? | Mint
I’m working with the Indian Army. Until last year, we received Form 16 under the old…
How income tax provisions ease the burden for caregivers of disabled dependents
Among the many other provisions and laws of the land, Section 80DD of the Income Tax…
Homeowners can no longer offset rent as a business expense to cut taxable income
In Budget 2024, finance minister Nirmala Sitharaman announced a significant amendment regarding the treatment of rental…
Budget 2024: BankBazaar lists key income tax changes expected from FM Sitharaman | Mint
In the backdrop of inflation and high rates of tax, there is an urgent need for…
Has your income tax slab changed from today? Finance Ministry says this…
The Finance Ministry has issued a clarification amidst the dissemination of misleading information on social media…
What you can do to get your employer to deposit PF, TDS
Delhi-based Bansal (39), a start-up employee, realized that his PF contribution data was missing while filling…